https://www.taxtmi.com/news?id=679 The Government announced monetary measures to ensure bank liquidity and credit supply via reduced reserve requirements, lower policy rates, SLR flexibility and liberalised external borrowings, together with fiscal stimulus through increased plan expenditure authorisation, a temporary across the board 4% cut in ad valorem Cenvat for most products, targeted export supports including interest subvention and enhanced refunds and guarantees, housing refinance facilities and bank packages for home loans, expanded MSME refinance and credit guarantee provisions, and IIFCL authorisation to raise tax free bonds for infrastructure refinancing. en-us Sun, 07 Dec 2008 18:37:53 +0530 Sun, 07 Dec 2008 18:37:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=679 The Government announced monetary measures to ensure bank liquidity and credit supply via reduced reserve requirements, lower policy rates, SLR flexibility and liberalised external borrowings, together with fiscal stimulus through increased plan expenditure authorisation, a temporary across the board 4% cut in ad valorem Cenvat for most products, targeted export supports including interest subvention and enhanced refunds and guarantees, housing refinance facilities and bank packages for home loans, expanded MSME refinance and credit guarantee provisions, and IIFCL authorisation to raise tax free bonds for infrastructure refinancing. News - Sun, 07 Dec 2008 18:37:53 +0530 https://www.taxtmi.com/news?id=679